- AT&T's first-quarter results revealed a small miss in non-GAAP EPS but impressive revenue growth.
- Analysts offer a cautiously optimistic one-year price target for AT&T, with a minimal upside expected.
- GuruFocus metrics suggest potential downside with the GF Value estimate.
AT&T Inc. (T, Financial) recently announced its first-quarter earnings, revealing mixed results that have captured investor attention. While the non-GAAP earnings per share (EPS) came in at $0.51, narrowly missing estimates by $0.01, the company achieved a remarkable revenue milestone, reporting $30.63 billion, marking a 2% year-over-year increase. Key driving forces behind this revenue growth include vigorous expansion in mobility and consumer fiber broadband segments.
Wall Street Analysts Forecast
The one-year price targets set by 28 analysts for AT&T Inc. (T, Financial) present a careful optimism, with an average target price of $27.25. Estimates range from a high of $32.00 to a low of $17.80, indicating a potential upside of 1.06% from the current stock price of $26.96. For more in-depth predictions, visit the AT&T Inc (T) Forecast page.
Industry consensus from 31 brokerage firms places AT&T Inc. (T, Financial) at an average brokerage recommendation of 2.1, categorizing it as "Outperform." The rating scale spans from 1 (Strong Buy) to 5 (Sell), reflecting relative confidence in the company's market performance.
According to GuruFocus estimates, the GF Value for AT&T Inc. (T, Financial) stands at $18.48 over the next year, implying a potential downside of 31.45% from the present price of $26.96. The GF Value is a proprietary metric from GuruFocus that signifies what the stock should ideally be valued at, derived from historical trading multiples, past business growth, and projected future performance. Detailed valuation data is available on the AT&T Inc (T) Summary page.
